Shriram Finance Limited

About Shriram Finance Limited bond.

This comprehensive profile covers key factual information about Shriram Finance Limited. Following the consummation of the merger of SCUF and demerged undertaking of Shriram Capital Limited with SFL (erstwhile STFCL), the company has been renamed to Shriram Finance Ltd (SFL). Shriram Housing Finance Ltd (SHFL) continues to operate as a subsidiary of SFL which holds around 84.2% stake in the former. Pursuant to the consummation of the transaction, Shriram Capital and SCUF cease to exist. SFL, incorporated in 1979, was registered with RBI as a deposit-taking, asset-financing non-banking financial company and predominantly provides financing for vehicles such as CVs (both pre-owned and new), tractors, and passenger vehicles. Erstwhile SCUF (now merged into SFL) was incorporated in 1986 and operated in the retail financing segment with a focus on small enterprise loans, two-wheeler financing, gold loans, housing loans and others (auto and personal loans). EPS in Mar-2024 was 196.02. Current ratio in Mar-2024 was 1.53. Debt/Equity in Mar-2024 was 4.00. Debt/EBITDA in Mar-2024 was 18.83. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.16. Total revenue for Mar-2025 (E) was ₹39,869.87. Net income for Mar-2025 (E) stood at ₹8,189.19. Total assets as of Mar-2024 were ₹248,265.94. Total liabilities as of Mar-2024 were ₹198,589.25. Operating cash flow for Mar-2024 was ₹-31,101.41. The company’s borrowing relationships include IndusInd Bank Limited (₹13.00 Cr), Axis Bank Limited (₹325.00 Cr), Bank of India (₹5.00 Cr), ICICI Bank Limited (₹135.00 Cr), State Bank of India (₹550.00 Cr), Citibank N. A. (₹425.00 Cr), HDFC Bank Limited (₹200.00 Cr), ANZ Banking Group Limited (₹3.00 Cr), The Hongkong and Shanghai Banking Corporation Limited (₹60.00 Cr), Indian Bank (₹550.00 Cr), Bandhan Bank Limited (₹6.00 Cr), Canara Bank (₹200.00 Cr), IndusInd Bank Limited (₹300.00 Cr), The Federal Bank Limited (₹25.00 Cr), Punjab National Bank (₹704.75 Cr), YES Bank Limited (₹550.00 Cr), Standard Chartered Bank Limited (₹1187.50 Cr), Barclays Bank Plc. (₹10.00 Cr), DBS Bank India Limited (₹450.00 Cr), SBM Bank (India) Limited (₹20.00 Cr), UCO Bank (₹150.00 Cr), Indian Overseas Bank (₹300.00 Cr), Bank of Baroda (₹150.00 Cr), DCB Bank Limited (₹50.00 Cr), Union Bank of India (₹550.00 Cr), Central Bank Of India (₹200.00 Cr), Axis Bank Limited (₹700.00 Cr), Kotak Mahindra Bank Limited (₹150.00 Cr), Bank of India (₹600.00 Cr), RBL Bank Limited (₹350.00 Cr), ICICI Bank Limited (₹150.00 Cr), Ujjivan Small Finance Bank Limited (₹100.00 Cr), DBS Bank India Limited (₹300.00 Cr), Punjab National Bank (₹1800.00 Cr), Tata Capital Financial Services Limited (₹300.00 Cr), The Federal Bank Limited (₹591.80 Cr), Maybank (₹14.00 Cr), DBS Bank India Limited (₹500.00 Cr), Jana Small Finance Bank Limited (₹36.00 Cr), Indian Bank (₹3230.03 Cr), Union Bank of India (₹798.00 Cr), Dhanlaxmi Bank Limited (₹25.00 Cr), The Karur Vysya Bank Limited (₹90.00 Cr), Standard Chartered Bank Limited (₹175.00 Cr), UCO Bank (₹500.00 Cr), Citibank N. A. (₹175.00 Cr), Small Industries Development Bank of India (₹5371.55 Cr), The South Indian Bank Limited (₹229.00 Cr), Doha Bank (₹30.00 Cr), Bajaj Finance Limited (₹241.00 Cr), DCB Bank Limited (₹100.00 Cr), CSB Bank Limited (₹50.00 Cr), Indian Overseas Bank (₹478.05 Cr), Bandhan Bank Limited (₹369.86 Cr), Woori Bank (₹22.00 Cr), KEB Hana Bank (₹17.00 Cr), RBL Bank Limited (₹78.00 Cr), Nabkisan Finance Limited (₹100.00 Cr), Bank of Maharashtra (₹829.15 Cr), YES Bank Limited (₹37.00 Cr), IndusInd Bank Limited (₹1025.00 Cr), Deutsche Bank A. G. (₹300.00 Cr), State Bank of India (₹114.00 Cr), BNP Paribas (₹200.00 Cr), Axis Bank Limited (₹3250.31 Cr), Bank of Baroda (₹4749.67 Cr), IDBI Bank Limited (₹100.00 Cr), HDFC Bank Limited (₹2063.01 Cr), Micro Units Development and Refinance Agency Limited (₹683.03 Cr), Equitas Small Finance Bank Limited (₹140.65 Cr), National Bank For Agriculture and Rural Development (₹4679.28 Cr), Emirates NBD Bank PJSC (₹155.84 Cr), The Hongkong and Shanghai Banking Corporation Limited (₹1438.18 Cr), Canara Bank (₹4413.57 Cr), Bank of India (₹1151.51 Cr), Central Bank Of India (₹324.11 Cr), DBS Bank India Limited (₹550.00 Cr), Bandhan Bank Limited (₹1.00 Cr), Not Applicable (₹1452.15 Cr), Not Applicable (₹10000.00 Cr), Sumitomo Mitsui Banking Corporation (₹330.00 Cr), Citibank N. A. (₹465.00 Cr). Peers and comparison entities consist of Shriram Finance Limited, Bajaj Finance Limited, Jio Financial Services Limited, Bajaj Housing Finance Limited. As of Dec 2024, promoters hold 25.40%% while others hold N/A% of equity. Key strengths include: Market leadership in overall NBFC ecosystem; Comfortable capitalisation; Adequate earnings profile; Liquidity: Strong. Key risks include: Exposure to inherent asset quality-related challenges arising from lending to borrowers with modest credit profile; Average, albeit improving resource profile. Leadership team details include D V Ravi (Non Executive Non Independent Director), Gokul Dixit (Independent Director), Hardeep Singh Tur (Chief Risk Officer), Ignatius Michael Viljoen (Non Executive Non Independent Director), Jugal Kishore Mohapatra (Chairman & Ind.Director), M V Bhanumathi (Independent Director), Maya Sinha (Independent Director), Parag Sharma (Managing Director & CFO), Pradeep Kumar Panja (Independent Director), S Ravindran (Independent Director), S Sridhar (Independent Director), U Balasundara Rao (Company Secretary & Compliance Officer), Umesh Revankar (Executive Vice Chairman), Y S Chakravarti (Managing Director & CEO). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.